Saturday, May 3, 2014

Oil sector to create about 100,000 jobs

President Jakaya Kikwete and Labour and Employment minister Gaudentia Kabaka react when teachers from Temeke District (top) took advantage of the Labour Day procession at Uhuru Stadium to tell the Head of State, who was the chief guest, that they had not been paid their April salaries. PHOTOS | SILVAN KIWALE 
 
By Isaac Imaka and Abdulaziizi Tumusiime,Citizen Correspondents

Kampala. Between 100,000 and 150,000 jobs are projected to be generated as the oil sector transitions from exploration and appraisal to development and eventual production, according to a study conducted by three joint venture partners.


The jobs availability, expected within three years if, the report says, there are no major delays in project execution, will either be indirect or induced in sectors benefiting from the economic development triggered by the oil sector, the report dubbed ‘Industrial Baseline Survey, indicates.
Total, Tullow Oil Plc and China National Offshore Oil Corporation (Cnooc) sponsored the survey which was conducted between March and July last year, according to Tullow’s national content manager Nelson Ofwono.

One of the graphs in the report shows demand for direct jobs rising towards the second year of development and peaking at 13,000 direct jobs in the third year, before gradually falling to 3,000 jobs in the fifth year.

Mr Benard Ongodia, a senior geophysicist in the Energy ministry’s petroleum exploration and production department yesterday said government is, however, going to carry out “a much broader study funded by the World Bank” to get the specifics of how many people are needed and where.

“The transition from exploration and appraisal necessitates the development of required skills so that Ugandans actively participate in the oil and gas sector.”  “It is our hope that local service industry will embrace results of the study and prepare to tap into the sector,” he said.

No comments :

Post a Comment